The key growth contributors for global bio-plasticizers for packaging market is the increasing adoption of bio-plasticizers in the food and medicines packaging industries. Bio-plasticizers are safe and biodegradable and provide similar mechanical properties as phthalate-based plasticizers, leading to their augmented adoption among the buyers.

SpendEdge’s report, Global Bio-Plasticizers for Packaging Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

Adoption of bio-plasticizers in the food and medicines packaging industries

Commenting on the report, an analyst from SpendEdge said: “Buyers should assign a unique batch number to barrels of polymers. They should make a note of the batch number of bio-plasticizers and polymers, which are being blended.”

According to the report, one of the key growth contributors for global bio-plasticizers for packaging market is the increasing adoption of bio-plasticizers in the food and medicines packaging industries.

Further, the report states that a major procurement pain point experienced by the buyers is the varying regulatory norms. To mitigate the challenge, buyers should dedicate a personnel for managing procurement for each region in consultation with the category manager.